Wage regulation refers to attempts by a government to regulate wages paid to citizens.
Read more about Wage Regulation: Minimum Wage, Collective Bargaining, Arbitration, Economic Labour Theory
Famous quotes containing the words wage and/or regulation:
“I think it is a wise course for laborers to unite to defend their interests.... I think the employer who declines to deal with organized labor and to recognize it as a proper element in the settlement of wage controversies is behind the times.... Of course, when organized labor permits itself to sympathize with violent methods or undue duress, it is not entitled to our sympathy.”
—William Howard Taft (1857–1930)
“Lots of white people think black people are stupid. They are stupid themselves for thinking so, but regulation will not make them smarter.”
—Stephen Carter (b. 1954)